Tanalys

USD/CAD Intraday: key resistance at 1.32.

Pivot: 1.32

Our preference: Short positions below 1.32 with targets @ 1.313 1.311 in extension.

Alternative scenario: Above 1.32 look for further upside with 1.323 1.325 as targets.

Comment: As long as 1.32 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

1.325 *

1.323 **

1.32 ***

1.3144 Last

1.313 **

1.311 **

1.307 ***

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